Silver Ships Case Study Essay

As a new hire of Silver Ships, you have been asked to prepare an industry and company analysis for Mr. Mike McCarty, owner of Silver Ships. Your report should also provide specific recommendations with brilliant justifications based on your industry and competitive analysis.

Rev. Confirming Pages g

Silver Ships’ Strategy in the Military and Workboat Industry

CASE 14

David L. Turnipseed
University of South Alabama s Mike McCarty walked through the Silver Ships shipyard monitoring the production of several aluminum hull boats in various stages of production, he began to think “What now?” He had seen his…show more content…

However, shortly after McCarty completed of his new fishing boat, states along the Gulf of Mexico banned purse seining. McCarty’s career seemed over. However, the end of his fishing career led to the development of his third career. Other fishermen who had seen McCarty’s purse seining boat and had been impressed with its fine construction approached him to build strong, highperformance vessels to fit their unique needs. The demand for his boats continued to increase and, in 1985, McCarty founded Silver Ships, named after the color of the aluminum used in the boats’ construction. The company progressively outgrew three different rental locations and, in 1996, moved to its present Theodore, Alabama, location. McCarty renamed his obsolete purse seining

boat Run Aground and used it for the sign for his new facility. A summary of company milestones is presented in Exhibit 4.

SILVER SHIPS ACQUIRES AMBAR MARINE
Ambar Marine Inc., a New Orleans–based shipbuilder producing aluminum boats, began searching in the late 1980s for a subcontractor to build its “survival of life at sea” (SOLAS) boat, a rescue boat for ships and oil platforms. Ambar approached McCarty at a New Orleans workboat show and proposed that Silver Ships build boats for it. After a visit from the Ambar executives to Silver Ships’ original, humble facility, Ambar decided that McCarty’s facility was not what they wanted to show their customers. Several

Case Conceptualization: Silver Linings Playbook
Sarah Dirks
Part 1: Introduction
In the film Silver Linings Playbook (Russell, director, 2012), followed the character Pat Solatano after his release from a psychiatric hospital. Pat had, after he caught his wife with another man, beat that man severely. As part of a deal with the court, he was placed in a mental health facility for treatment and was diagnosed with bipolar disorder. After his release, he was not concerned with…

Analysis of Strategy: Silver Ship and the Military Industry
Introduction
Strategy is important for any business, as the combination of goals, perspectives, beliefs, and actions that comprise a company's strategy have a direct impact on that company's success, profitability, and impact on the industry, environment, and community in which the company operates (Thompson et al, 2011). Without a proper strategy in place any business is ultimately doomed to failure, as improper strategies or a complete…

1. What are the key elements of Silver Ships’ strategy? Which of the five generic strategies is the company pursuing?
The first key element of Silver Ship’s strategy is multiple growth opportunities. R&D, technology, and product design are also key elements of Silver Ship’s strategy. McCarty adhered to the highest possible quality and performance standards and made taking care of his employees a high priority. The generic strategy that Silver Ships is using is planned proactive moves to attract…

4. Silver Fiddle Case
Risks and mitigations
Not meeting the five-month time estimate is another risk that may be encountered. Lack of labor and equipment might be a problem because other houses are to be built. It will be advisable to evaluate the sequence in which these building activities will occur, and distribute resources evenly across each house. Silver Fiddle could apply Heuristics, or the rules of thumb to create a framework work for allocating resources in such a situation…

Silver Ships is not as well prepared for the future as it could be in terms of succession planning, diversification and capital structuring. The attached report recommends that Mike McCarty take immediate action to establish a strong plan for the future of the company. The company is currently funded entirely by equity, and the appropriate use of debt to grow the company would provide for opportunities to expand and diversify. McCarty must rely on his vision and innovative skills to expand and…

The Case Study involves Pat Señor and Dolores Solatano from the movie Silver Linings Playbook, who have come into therapy to strengthen their relationship and help with Pat Senior’s anger issues. Dolores has stressed her frustration with Pat Sr. because of his anger, gambling addiction and therefore contemplating divorce. Pat Sr. expresses he is tired of Dolores’ nagging.
Dolores has checked out her adult son from a court ordered mental health facility from beating his ex-wife lover almost to…

Child Case Study
1. The child I chose for my case study is named Haydon. I chose this child because of his interesting background. Haydon is two years and nine months old, he has either dark blonde or light brown hair, depending on how you look at it, and he has all of his teeth in and is overall healthy! Haydon is pretty rowdy, he enjoys many boyish things such as playing in the dirt, and not taking a bath! Haydon’s parents are not together so he lives with his Mom Kristyn Brazeal, and Stepfather…

Simmons Case Study
Simmons case study describes the leading change that took place at Simmons mattress firm. The study explains how effectively the individual change can bring about the organizational change. It also mentions the way the company managed the change. The management has realized the significance of investing in their staff and supporting them to bring about the change. The core values of the company along with the Great Game of Life Program (GGOL) were the guide that helped them achieve…

To investigate management risk in events industry: Malaysia as a case study.
Chapter One
1.0 Introduction
The sudden rise of business and associated events in Malaysia, coupled with the spiraling of event management companies, has gotten to alarming proportions. This south-east Asian country is gradually becoming a hub for tourism and not surprisingly international and local business event or meeting. It is strategically located in the world’s largest and fastest growing economic zone, and this…